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SEBI board reviews P-Notes data but takes no decision
Timeline taken for rights issue reduced to 43 days. Mumbai, Aug. 13 The much-debated issuance of Participatory Notes by foreign institutional investors was taken up by the SEBI board on Wednesday, but there was nothing by way of any decision ...
EAC pegs GDP growth at 7.7% due to slowdown
New Delhi, Aug. 13 Global slowdown in growth, tightening of credit and equity markets following the US sub-prime crises and sharp elevation in global commodity inflation haveprompted the Prime Minister’s Economic Advisory Council (EAC) ...
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The Finance Minister, Mr....
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TODAY'S PICK (Latest Audio: English/Tamil)
Gammon India (Rs 244.85): Buy
We recommend a buy in Gammon India from a short-term perspective. From the charts of Gammon India, we notice that its intermediate-term downtrend, which began in early January from a high of Rs 845 had come to an end in early August, with the ...
Day Trading Guide
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Public sector cos not following norms on bulk deposits
Competitive bids still being called: Chidambaram. New Delhi, Aug 13 The Finance Minister, Mr P. Chidambaram, on Wednesday said that Central public sector enterprises (CPSEs) appear to be violating Government departmental guidelines on ...
Maharashtra extends Subhiksha licence suspension
Mumbai, Aug. 13 Retail company Subhiksha’s woes are far from over with Maharashtra’s Food and Drug Administration (FDA) increasing the suspension period of its licence to 20 days, starting August ...
Power developers worried as States go back on contracts
New Delhi, Aug 13 Sanctity of contracts is increasingly coming under cloud in the power sector. ...
Outlay on farm research scant, says RBI study
Declining farm size and environmental stress pose threats. New Delhi, Aug. 13 Notwithstanding the high concern over reversing the decline in agricultural investment, credit and irrigation by the authorities in recent years, public expenditure ...
IT cos unfazed by rise in debtor days
‘Rise is marginal, nothing to do with global slowdown’. Chennai, Aug 13 In difficult times, quicker collections from clients for services rendered could strengthen a company’s balance sheet. ...
Dell excited about India, to invest more
Sees $1-b revenue next year; unveils laptops with longer battery life. New Delhi, Aug. 13 Upbeat about India — a market where it hopes to hit $1 billion revenue next year, Mr Michael Dell, Chairman of world’s second largest PC ...
Q2 gold demand drops 47%
Consumer spending down due to growing inflationary pressures. Mumbai, Aug 13 Led by a 47 per cent decline in demand for gold in India, the yellow metal appears to be losing its sheen globally too. The World Gold Council (WGC) report says the ...
Banks waiving penalties on foreclosure of loans
Tight liquidity, high cost of funds prompt move. Bangalore, Aug . 13 With certificates of deposit (CD) headed to breach the 11-per cent mark on the back of tight liquidity, banks have started waiving penalties for loan ...
Active monsoon may continue for another week
Thiruvananthapuram, Aug. 13 The monsoon drenchers exploding over Konkan and Gujarat may not have needed the spark from the dynamics associated with a vortex (strong whirl in air) or a mid-tropospheric cyclone (MTC). ...
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